PRGS vs. PING, SPNS, TLND, ZUO, EIGI, CVLT, QLYS, AI, MSFT, and ORCL
Should you be buying Progress Software stock or one of its competitors? The main competitors of Progress Software include Ping Identity (PING), Sapiens International (SPNS), Talend (TLND), Zuora (ZUO), Endurance International Group (EIGI), Commvault Systems (CVLT), Qualys (QLYS), C3.ai (AI), Microsoft (MSFT), and Oracle (ORCL). These companies are all part of the "computer and technology" sector.
Progress Software (NASDAQ:PRGS) and Ping Identity (NYSE:PING) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, community ranking, analyst recommendations, valuation, profitability, earnings, dividends and risk.
Progress Software has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500. Comparatively, Ping Identity has a beta of 0.6, indicating that its share price is 40% less volatile than the S&P 500.
Progress Software has higher revenue and earnings than Ping Identity. Ping Identity is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.
Progress Software has a net margin of 10.29% compared to Ping Identity's net margin of -34.24%. Progress Software's return on equity of 36.88% beat Ping Identity's return on equity.
92.2% of Ping Identity shares are owned by institutional investors. 3.4% of Progress Software shares are owned by company insiders. Comparatively, 2.9% of Ping Identity shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Progress Software received 304 more outperform votes than Ping Identity when rated by MarketBeat users. However, 65.12% of users gave Ping Identity an outperform vote while only 64.91% of users gave Progress Software an outperform vote.
In the previous week, Progress Software had 10 more articles in the media than Ping Identity. MarketBeat recorded 15 mentions for Progress Software and 5 mentions for Ping Identity. Progress Software's average media sentiment score of 0.96 beat Ping Identity's score of 0.23 indicating that Progress Software is being referred to more favorably in the media.
Progress Software currently has a consensus price target of $63.29, suggesting a potential upside of 9.32%. Given Progress Software's higher possible upside, equities research analysts clearly believe Progress Software is more favorable than Ping Identity.
Summary
Progress Software beats Ping Identity on 14 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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